Cramer's 'Mad Money' Recap: It Takes a Thief

Identity theft could make you a lot of easy money, Jim Cramer told viewers of his "Mad Money" TV show Wednesday, if you buy Intersections ( INTX).

There were more than 686,000 reported identity theft cases in 2005, but Intersections is working at putting an end to an increasingly rampant problem by helping consumers catch identity fraud early.

The company provides customized credit management and identity-theft detection, protection and recovery services, Cramer said. And almost all of its revenue comes from the identity-theft and credit-management services.

Better yet, the company has no analyst coverage, meaning that it is likely priced too low, he said.

Cramer did not overlook the fact that the company messed up badly a few months ago and missed its quarterly numbers. "No one trusts them now, and once a little stock like this alienates people, they don't come back for a while," he said.

But he believes that the stock is cheap and that the pessimism has been priced in. He told a caller that the company said it had the shortfall because it pushed back some projects.

In another caveat, he said that the company's market cap is only $150 million. Use limit orders when you buy "or you will get ripped off," he said. "If you use market orders, I guarantee you will lose money."

Noodlicious

The New York Times reported that a noodle craze is sweeping through East Asia, and Cramer said that there's money to be made on the company that makes this latest food fad.

He said that the company is House Foods and that it should be purchased in Japan, where it trades on the Tokyon Exchange under the number 2810.

Cramer said that he usually hesitates to recommend stocks on overseas indices and that it's a risky play, but he also believes that this stock could be worth it.

The company not only has all of Asia to sell its noodles to, but its products also will hit shelves at Whole Foods ( WFMI) here.

They are apparently "yuppie ambrosia," Cramer said, adding that they've been featured on several television shows. They're incredibly popular, he said, and they could be the next big food fad in America, too.

Someone's in the Kitchen With Middleby

One of the stocks most asked about by callers is TurboChef Technologies ( OVEN), a company that Cramer got behind back in June while it was going up, but sold long ago.

For callers complaining because the company has been hammered down to $11, they'll have to keep calling, because Cramer said he sees it languishing near $11 for a long time.

The company was briefly a darling because its oven was supposed to revolutionize the kitchen-equipment business, he said. And it nailed down a deal with the Subway restaurant chain.

But the real kitchen-equipment maker to invest in is Middleby ( MIDD), Cramer said, a company that has contracts with Papa John's International ( PZZA) and Domino's Pizza ( DPZ).

This is not a near-term earnings story, but a stock with a "great, long-term-growth story," Cramer said, in large part due to the major bull market in restaurants.

When the restaurant industry does well, a company like Middleby should do well because these companies will buy lots of capital equipment, he said.

And when a restaurant expands, the competitors have to follow suit to keep up, Cramer said, calling it a restaurant "arms race."

Middleby is a good all-around merchant, with lots of different products, he said. Plus, not one of its customers accounts for more than 10% of its overall sales, he said, adding that much diversification is important in a fickle industry.

It also beats out TurboChef on the numbers by having higher operating margins and generating more cash, he said.

But Cramer said not to buy the stock yet, because it is scheduled to report tonight. Wait until after the conference call, he said, because no matter how well it does, there's always someone who is disappointed when a stock has done as well as Middleby has.

Cramer's Emailers

A viewer said that he was skeptical of Cramer's recent bullish take on NightHawk Radiology ( NHWK) because the company does not have proprietary technologies and services.

What would stop another group of radiologists somewhere in the world to band together and begin an identical company that could compete with NightHawk, the viewer wanted to know.

Cramer said that this is a very good point. It may not be a great stock five years from now, he said; but for now, there's nothing like it.

He said that he will stay behind NightHawk until a competitor appears on the scene, and as the situation changes he could change his mind and be bearish on the stock.

Another viewer wanted to know if Cramer was worried about all the recent insider selling at Atheros Communications ( ATHR), another stock Cramer featured on "Mad Money" this week.

Once again, Cramer said that this was a great point. However, the stock has had a monster run, he said, so it makes sense that the run-up would spark insider selling.

Bearish

For more of Cramer's insights during the most recent Lightning Round, click here .

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

At the time of publication, Cramer was long ABB and Procter & Gamble.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on Mad Money are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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